SCHEDULE 6 Carbon Dioxide Storage Licences: Licence Provisions
Energy Act 2023 (2023 c 52) | Legislation

SCHEDULE 6 Carbon Dioxide Storage Licences: Licence Provisions

Section 103

In the Storage of Carbon Dioxide (Licensing etc) Regulations 2010 (SI 2010/2221), in Schedule 1 (provisions to be included in a licence), after paragraph 5 insert—

“Change in control of licence holder

6

(1)     This paragraph applies if—

(a)     the licence holder is a company, or

(b)     where two or more persons are joint licence holders, any of those persons is a company,

and references in this paragraph to a company are to such a company.

(2)     A change in control of a company is not permitted without the consent of the authority.

(3)     There is a “change in control†of a company if a person takes control of the company, not having previously been a person who controlled the company.

(4)     If a change in control of a company is contemplated, the company must apply in writing to the authority for consent at least three months before the date on which it is proposed that the change would occur (if consent were

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